Markel reveals ‘threatened claims’ by two investors prompted CATCo buyout

27-09-2021

Markel reveals ‘threatened claims’ by two investors prompted CATCo buyout

shutterstock/Casimiro PT

Specialist insurer Markel has confirmed a buyout transaction for its retrocessional insurance-linked securities manager Markel CATCo Investment Management (MCIM) in a move it hopes will provide “accelerated return of substantially all the net asset value” to investors in the fund.


Markel, Markel CATCo Investment Management (MCIM), Transaction, Buyout, Insurance-Linked Securities (ILS), Insurance, Reinsurance, North America

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